Declining stocks crushed advancers at the close of trading on the Trinidad & Tobago Stock Exchange, on Wednesday, ending seven days of unbroken positive movement for the market and ending with one stock trading at 52 weeks’ high and one a 52 weeks’ low.
Trading ended with 18 securities changing hands, against 14 on Tuesday, with just three advancing, seven declining while eight remained unchanged as 917,251 shares were exchanged for $8,126,649, compared to 424,712 units for $5,733,529 on Tuesday.
At the close of the market, the Composite Index lost 11.47 points to end at 1,470.86. The All T&T Index shed 13.25 points to 1,838.31, while the Cross Listed Index declined 1.32 points to close at 149.55.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with the bids of five stocks higher than their last selling prices and three with lower offers.
Gains| Clico Investment Fund gained 25 cents and ending at a 52 weeks’ high of $27.25, with 69,180 stock units trading, First Citizens Bank rose 25 cents and settled at $44.75, with 2,685 stock units changing hands and Trinidad & Tobago NGL gained 50 cents trading 24,646 shares to close at $22.50.
Losses| Ansa McAl closed with a loss of 5 cents and completed trading of 100 shares at $50, Grace Kennedy lost 2 cents and settled at $3.98 while swapping of 250 shares, Guardian Holdings declined 50 cents to close $21.50, with 64 stock units changing hands.
Massy Holdings closed 40 cents down and ended at $59.30, after exchanging 39 shares, One Caribbean Media shed 50 cents and concluded trading of 31,575 units at a 52 weeks’ low of $8.50. Scotiabank dropped 15 cents to close at $59.85, with 39 stock units trading and Unilever Caribbean declined by 9 cents and completed trading of 500 units at $23.40.
Firm Trades| Ansa Merchant Bank settled at $35.50, with 28 units crossing the exchange, Endeavour Holdings traded 3,160 shares at $12.50, First Caribbean International Bank completed trading at $8, with 486,000 units, JMMB Group ended at $2.80, with 244,378 units crossing the exchange. National Flour exchanged 240 units at $1.36, NCB Financial closed at $11.50, with 52,035 units crossing the exchange, Republic Financial settled at $131, with 319 stock units changing hands and West Indian Tobacco settled at $42.50, with 2,013 units crossing the exchange.
Prices of securities trading are those at which the last trade took place.
The upward rise of Trinidad & Tobago Stock Exchange continued apace on Tuesday with the three primary market indices rising with advancing stocks bettering decliners 5 to 2.

Firm Trades| Ansa McAl traded 40 shares to close at $52.50, Calypso Micro Index Fund exchanged 1.000 shares at $15.75, Endeavour Holdings traded 400 shares at $12.50, First Citizens Bank settled at $44.75, with 648 stock units changing hands. JMMB Group closed at $2.80, after exchanging 57,466 shares, National Enterprises ended at $5.55, with 700 units crossing the exchange. National Flour ended at $1.36, after exchanging 10,000 shares, Point Lisas closed at $3.55, after swapping 1,015 shares, Prestige Holdings settled at $8.40, with an exchange of 6,057 shares. Republic Financial concluded trading of 27,863 stock units at $131.00, West Indian Tobacco closed at $42.50, with investors exchanging 14,318 shares and Trinidad Cement completed trading of 7,500 stock units at $1.95.

The Trinidad & Tobago Stock Exchange continued its upward climb on Wednesday as 2019 ages and the bull slowly awakens amidst the Trinidad warmth leading to two stocks closing at 52 weeks’ highs.
Trinidad & Tobago NGL gained 39 cents in trading 6,196 shares to close at $21.50 and West Indian Tobacco added 50 cents to end at 52 weeks’ high of $42.50 after exchanging 203,080 shares.
Cross-listed stocks posted gains of 20.63 percent to date, bettering the 12.17 percent increase last year.
JMMB Group closed with an increase of 3 cents at $2.53, after exchanging 10,140 shares, NCB Financial gained 10 cents and settled at $11.40, with 8,868 stock units changing hands and West Indian Tobacco climbed $1 to end at 52 weeks’ high of $42, after swapping 2,000 shares.
Losses|Clico Investment Fund ended trading 2 cents lower at $24.98, in swapping 2,861 shares, Ansa Mcal dropped $1.49 and completed trading at a 52 weeks’ low of $52.50, with 2,040 stock units changing hands. Massy Holdings closed with a loss of 25 cents and completed trading at $59.75, with 1,054 units crossing the exchange, National Flour closed 4 cents down at $1.36, with 15,876 stock units changing hands. NCB Financial dropped 10 cents and ended at $11.20, with 79,906 units and Trinidad & Tobago NGL declined 4 cents in trading 3,707 shares to close at $21.11.
West Indian Tobacco gained $1 to close at a 52 weeks’ high of $41 with investors exchanging more than 9,000 shares as some selling came out.
West Indian Tobacco rose $1 to close at a 52 weeks’ high of $41, with 9,160 changing hands.
NCB Financial closed with an increase of 20 cents and concluded trading of 27,200 stock units at a record high of $11.20. Trinidad Cement rose 15 cents and completed trading with 51,619 units at $1.95 and LJ Williams rose 15 cents and ended at $1.35, with 5,000 stock units trading.
Demand for West Indian Tobacco shares continues to build since the price adjusted for the three for one split last week. Bids to buy the stock have been rising and are now at 20,465 units at $40, above the adjusted last sale price of $34.98 but there are no stocks offered for sale. 